NY-Forward $200 million grants for shovel ready projects

Empire State Development has released the guidelines for the new FAST-NY, a fund of $200 million in grants for shovel ready or near ready projects.

According to the information, "Under the Program, ESD provides grants for pre-development activities and infrastructure investments to develop sites that will attract many eligible industries -including, but need not be limited to, high-tech manufacturing, clean-tech renewable energy, life sciences, agribusiness, optics, transportation equipment, materials processing, industrial machinery manufacturing and other advanced manufacturing. These sites can also be used for interstate distribution and logistics."

Eligible applicants include municipalities, municipally designed non-profit economic development organizations and municipally designated local development corporations/industrial development agencies.

Information and details can be found on the ESD website.